Toast Raises A Glass On Strong Q3 Earnings, Stock Soars
Toast, Inc. (NYSE:TOST) shares are trading higher on Friday in the premarket session. The company reported earnings per share of 7 cents, beating the street view of one cent. Quarterly sales of $1.305 billion outpaced the analyst consensus estimate of $1.29 billion. In the third quarter, Toast added approximately 7,000 net new locations. Additionally, the total number of locations grew by 28% compared to the previous year, reaching nearly 127,000 locations. Also Read: Blink Charging Q3 Earnings: